Help Centre

The US-China climate deal - By the numbers

How much will the pledges by President Obama and Xi Jinping change emissions relative to what's required to contain global warming to 2 degrees, and what more do they need to do to achieve the pledges?

The Climate Action Tracker has undertaken an initial assessment of the recent announcements by the United States and China’s new pledges and proposals on emissions reductions for 2025 and 2030, in the context of the present international negotiations for a new climate agreement to be adopted at the end of 2015.

The announcement of increased ambition by the biggest emitters China and the US one year ahead of the Paris Climate Summit in 2015 is a very important political development. It begins to close the gap between their previous pledges and the emissions limits needed to hold global warming below 2°C.

It is clear however that both could significantly improve over these new pledges. Adopting world best practice would enable substantial improvements, as outlined in the Climate Action Tracker’s update last month, where we looked at the potential for both countries.

“These pledges give scope for further improvement during 2015. But for both countries, the increasing challenge now is to match the pledges with policy action,” said Bill Hare of Climate Analytics.

“Both move closer to a pathway that is compatible with 2°C but would need to increase ambition” says Niklas Höhne, NewClimate Institute.

“This is a very positive development but needs on-the-ground implementation from both countries to ensure they contribute sufficiently to safeguarding our climate,” Kornelis Blok, director of science at Ecofys, concludes.

US emissions have declined since 2007. However, recent assessments on current US action indicate that without further action emissions could stabilise and even increase in the period between 2020 and 2030.

The US is not currently on track to meet its 2020 pledge. This new pledge would reduce emissions by approximately 14–16% below 1990 levels by 2025, and accelerate the rate of emission reductions beyond those embedded in the earlier pledge for 2020. But without further new policies for domestic action, the gap between projected emissions and pledge would grow.

If the US were to implement policies that effectively achieve the 2025 pledge, this would begin to place it close to, but on the high side of, a pathway consistent with limiting warming below 2°C (with a likely probability).

It is also apparent that the US pledge does not yet account for the well-established need for developed countries to contribute to mitigation in less well-off, developing countries. Finance and enabling of clean technology deployment will thus be an important part of the contribution of the US and also the overall agreement to be adopted in Paris.

China’s proposal for their national CO2 emissions to effectively peak before 2030, or no later than 2030, is also very welcome step at this stage over a year ahead of the Paris Climate Summit. This would reduce emissions below current policies during the 2020s.

What is not clear, but is critical, is the peak level of China’s emissions. In the assessment here Chinese peak emissions would lie far above a 2oC consistent emission pathway. We see however significant potential for improvement.

China's proposal to target 20% of energy to come from non-fossil sources by 2030 is close to being achieved with current policies, which are projected to result in approximately between 16% and 17% of energy coming from non-fossil sources (using the 2013 IEA World Energy Outlook).

China has a target of 15% of non-fossil energy by 2020 and the proposed 2030 goal could represent a slow down in the increase in the non-fossil energy component fraction of energy supply post 2020.

The Climate Action Tracker is an independent science-based assessment that tracks the emission commitments and actions of countries. It is a joint project of the following organisations:

Climate Analytics

Climate Analytics is a non-profit organization based in Potsdam, Germany. It has been established to synthesize climate science and policy research that is relevant for international climate policy negotiations. Contact: Dr. h.c. Bill Hare, 49 160 908 62463

www.climateanalytics.org

Ecofys – Experts in Energy

Established in 1984 with the mission of achieving “sustainable energy for everyone”, Ecofys has become the leading expert in renewable energy, energy & carbon efficiency, energy systems & markets as well as energy & climate policy. Contact: Prof Kornelis Blok, 31 6 558 667 36

www.ecofys.com

Potsdam Institute for Climate Impact Research (PIK)

The PIK conducts research into global climate change and issues of sustainable development. Scientists, economists and social scientists work together, investigating how the earth is changing as a system, studying the ecological, economic and social consequences of climate change, and assessing which strategies are appropriate for sustainable development. Contact: Dr. Louise Jeffery, louise.jeffery@pik-potsdam.de

Climate Action Tracker

Latest News

Related Articles

IMPORTANT: This information has been prepared without taking into account your objectives, financial situation or needs and you should consider if the information is appropriate for you before making an investment decision. Unless otherwise specifically stated or disclosed (such as the InvestSMART Diversified Portfolios Product Disclosure Statement), neither InvestSMART Financial Services Pty Ltd nor any of its Related Companies make any recommendations as to the merits of any investment opportunity referred to in its emails or its related websites. Product disclosure statements for financial products offered through InvestSMART can be downloaded from this website or obtained by contacting 1300 880 160. You should consider the product disclosure statement before making a decision about the product. All indications of performance returns are historical and can not be relied upon as an indicator for future performance.